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U.S. Homeownership Rates

In: The Subprime Crisis Lessons for Business Students

Author

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  • Jaime Luque

    (1University of Wisconsin-Madison, USA)

Abstract

Homeownership increased dramatically as mortgage loans were more widely available, but this was just one aspect of the economic conditions that made owning a home more accessible. Increasing the access to homeownership was one of the main goals the American government pursued beginning in the 1990s. Understanding how factors other than lower underwriting standards affect homeownership rates can help us figure out a more responsible way to reach that goal without the dangers of subprime lending…

Suggested Citation

  • Jaime Luque, 2017. "U.S. Homeownership Rates," World Scientific Book Chapters, in: The Subprime Crisis Lessons for Business Students, chapter 8, pages 63-69, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789813200043_0008
    as

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    More about this item

    Keywords

    Subprime Crisis; Great Recession; 2009 Recession; Mortgage; Financial Market; Preventing Recession; 2009 Crisis; Interest Rates;
    All these keywords.

    JEL classification:

    • G01 - Financial Economics - - General - - - Financial Crises
    • G1 - Financial Economics - - General Financial Markets

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